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Weekly forecast Ethereum Classic / Bitcoin technical chart
Symbol ETCBTC

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateAugust 9, 2022 - 19:51
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.0011040, beginning of uptrend is expected.
  • We make sure when the resistance at 0.0018240 breaks.
  • If the support at 0.0011040 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.001410 on 08/02/2022, so more gains to resistance(s) 0.001650, 0.001749 and maximum to Major Resistance (0.001824) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 66.

Supports and Resistances:

  1. 0.002308
  2. 0.002094
  3. 0.001967
  4. 0.001824
  5. 0.001749
  6. 0.001650
  7. 0.001495
  8. 0.001268
  9. 0.001104
  10. 0.000916
Click on the level to view price action history.

Symbol Released Current Forecast
Ethereum Classic / Bitcoin (ETCBTC) Sun, 10 Mar 2024
Ethereum Classic / Bitcoin (ETCBTC) Sun, 10 Mar 2024
Ethereum Classic / Bitcoin (ETCBTC) Mon, 19 Feb 2024
Ethereum Classic / Bitcoin (ETCBTC) Sun, 28 Jan 2024
Ethereum Classic / Bitcoin (ETCBTC) Sun, 28 Jan 2024